ChartNerd (@ChartNerdTA), a prominent crypto analyst on X, just published a technical analysis of XRP that is drawing attention from traders across the market.
The focus is on XRP’s weekly Supertrend indicator, which has officially flipped bullish. The signal is exciting investors not just because of its current reading, but because of what it has done before.
The 2022 Parallel
ChartNerd traces this setup back to 2022. After XRP’s cycle bottom was confirmed, the weekly Supertrend fired a bullish signal. XRP then rallied 90% into the 50-week exponential moving average (50 WEMA). That level acted as resistance and marked a local top. What followed was a 45% correction back to the June lows, which ultimately formed a macro double bottom price floor.
CONFIRMED! ✅ #XRP'S WEEKLY SUPERTREND HAS OFFICIALLY FIRED AND FLIPPED BULLISH! 🚀
Now let's take a look at the historical context under the hood: Back in 2022, this bullish signal fired after the cycle bottom was in, and lead to a 90% run up into the 50 WEMA. This process then… pic.twitter.com/prcTOKP7xc
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 8, 2026
History Repeating in 2025
ChartNerd identifies the same sequence playing out now. On August 17, the weekly Supertrend flipped bullish again. Since then, XRP has broken out and pushed into the same 50 WEMA resistance zone, currently sitting around $1.52.
The chart shows the asset’s price compressing at that level. ChartNerd’s analysis is clear: “If history is to repeat, those who missed the $1.00 lows may still get another opportunity to scoop cheaper prices if we continue to reject the 50.”
That is the core of his thesis. The 50 WEMA rejected the rally in 2022. It sits as resistance again now. A repeat rejection could produce another significant pullback, giving sidelined traders a second entry point at lower prices.
Analyst Remains Positioned Regardless
ChartNerd is not waiting on that retrace. He states he is already positioned and continues to dollar-cost average. His view on a potential pullback is not a bearish call. It is historical precedent and a note to traders who may have missed the earlier move.
“I just simply believe we should be open to another deeper retrace by EOY,” he writes. He adds: “Count your blessings if we get it.”
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— TimesTabloid (@TimesTabloid1) June 15, 2025
The Level to Watch
The 50 WEMA at $1.52 is the critical level in this analysis. XRP briefly surpassed it after its surge of over 50%. The question now is whether it holds as resistance or gives way. It held in 2022, and a rejection at the same level today would align with ChartNerd’s projected scenario.
XRP traded at $1.39 at the time of the analysis. Traders watching XRP should monitor how price behaves at $1.52 in the weeks ahead. That reaction will determine whether the 2022 pattern repeats.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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